- FTI Consulting promoted Alex Wong (Hong Kong) and Enqing Wang (Shanghai) to Senior Managing Director in Asia on 9 January 2026.
- Wong adds two decades of investment banking and fintech strategy experience, strengthening financial institutions and cross-border transactions coverage.
- Wang brings 12+ years in business transformation for consumer-focused companies, adding depth in operational and change programs in Greater China.
- The moves align with FTI’s broader build-out of its Asia transformation and transaction advisory platform amid tougher regulation and more volatile deal markets.
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The promotion of both Wong and Enqing Wang reflects FTI Consulting’s strategic acceleration in Asia, particularly in financial advisory, restructuring, and business transformation services. The firm appears to be responding to shifts in demand driven by supply chain disruptions, regulatory tightening, rising stakeholder expectations, and volatile deal markets.
Alex Wong’s elevation comes at a time when Hong Kong remains a critical gateway for Asia-Pacific capital markets. With Wong’s strong credentials in M&A origination, capital markets, and private banking advisory, FTI is set to capture more mandates in financial institutions and complex cross-border transactions. His fintech leadership roles suggest readiness for emerging areas like digital finance, which are gaining momentum in the region.
Enqing Wang’s trajectory reinforces FTI’s capacity in business transformation, especially critical among consumer goods firms navigating China’s slower growth, rising costs, evolving channel strategies, and the digital economy. Her experience in branding, digital & M&A transformation is especially relevant given domestic sector pressures and regulatory scrutiny.
Firm-wide implications: These promotions integrate well with recent investments such as earlier 2025 senior hires in the Business Transformation practice (e.g. Zarif Munir, Sunny Yi) and bolstering of its transactional & restructuring arm (including via its FTI Capital Advisors subsidiary in Hong Kong) to offer more end-to-end advisory suites.
Risks and open questions include ensuring integration of advisory and M&A capabilities with transformation services, navigating cross-border compliance particularly in financial regulatory regimes, and managing competition from Big Four firms and boutique advisors in both advisory and turnaround spaces.
Supporting Notes
- Promotion date: 09 January 2026, Senior Managing Directors for Alex Wong and Enqing Wang in Asia.
- Alex Wong’s 20 years of experience in investment banking, focusing on origins, execution, arbitrage; prior roles at Citigroup, Goldman Sachs, Lazard, JPMorgan; Head of HK/Taiwan Financial Institutions I-Banking.
- Wong also founded boutique Oasis Advisory and held Chief Strategy Officer role at TNG FinTech Group, leading acquisitions, capital markets, and regulatory engagement.
- Enqing Wang’s 12+ years in business transformation/change management across multinationals and leading domestic companies; sector focus on consumer goods; prior roles at Bain & Company and Boston Consulting Group in Greater China.
- Education: Enqing Wang holds LL.B from Shanghai International Studies University and MBA from Kellogg School of Business at Northwestern.
- Previous FTI appointments reinforcing strategic depth: Zarif Munir and Sunny Yi joining the Business Transformation roster in 2025; expansion of FTI Capital Advisors in Hong Kong to enhance the merger & acquisition and transaction advisory proposition.
- Challenges: The transformation practice must interface with FTI’s Corporate Finance & Restructuring and Capital Advisors to deliver integrated offerings; regulatory environment in China and HK poses heightened compliance risks. (standard insight from sector)